Air India, Indigo to cut domestic capacity, The New Indian Express reports
Air India, Indigo to cut domestic capacity, The New Indian Express reports May 27 (Reuters) - Indian carriers Air India and Indigo INGL.NS will scale down their domestic operations from June 1 for three months, The New Indian Express reported on Wednesday, citing sources familiar with the matter.
Air India will reduce up to 15% of its domestic capacity, while IndiGo plans to cut services by 5% to 7%, the report added, citing higher aviation turbine fuel prices following the outbreak of the war in Iran, along with a seasonal slump after the school holiday period.
(Reporting by Ananya Palyekar in Bengaluru; Editing by Sherry Jacob-Phillips)
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